Author: CEA

The forecast is warm for a future without biofuels

By Chris Bliley, Climate Ethanol Alliance at COP 23   Electricity generation is getting greener every year. Ongoing innovation and competitive economics make solar, wind, and biomass increasingly attractive to leaders who seek to pull our planet off a crash course with climate catastrophe. Unfortunately, the data show that an abundance of low-carbon electricity is not enough. The vast majority of the world’s transportation is powered by liquid fuels, which can offer superior power, range, and ease of storage and distribution.   That is why no effort to hold down global carbon emissions can succeed without aggressive measures to...

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Corn Ethanol Saves the Climate: The only question is by how much – Paper

Paper by Eric Sievers, Investment Director, Ethanol Europe Renewables   All the bad news about ethanol has been definitively disproven by data.  It is time to understand the vast lost carbon savings suffered by the planet due to the continuing use of petrol rather than ethanol.   Understanding Ethanol’s Carbon Intensity   The most sensitive assessment of the climate impacts of biofuels is consequential life cycle analysis, a highly detailed approach looking at a specific biofuel’s (and some would argue a specific quantity of that biofuel produced over a defined period of time) impact on a status quo situation...

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Bioeconomy finance in an age of superstition

By James Cogan, Bioeconomy Industry Analyst Ethanol Europe Renewables Ltd (EERL) is an interesting before & after case study in bioeconomy finance.   It didn’t exist eight years ago and only opened its doors for business five years ago.  By taking a look at the company’s evolution one can witness the interplay of some of the financial, entrepreneurial, legislative and market forces that shape the sector.   EERL was created to supply renewable ethanol for displacing petrol on the road.  The 2009 Renewable Energy Directive had just been enacted, setting a 10% target for renewable energy in EU transport by...

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Europe’s ethanol CEOs at a crossroads

Europe’s Big 4 ethanol CEOs (Tereos, Cristal Union, Alco Group, Crop Energies) are in a curious situation. (Original Article 2016) Together with their smaller peers they produce about 6 million tonnes of the fuel commodity annually, with combined revenues of around 4 billion euro. The product gets blended into petrol accounting for 4% of the energy needs of petrol vehicle owners. Ethanol is made by fermenting starch and sugar crops such as maize, wheat and beet – very like beer and whiskey – and the vast majority of it is made from the produce of European farmers. If Germany’s Crop...

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